Peraso (PRSO) reported Q1 ’23 results slightly ahead of our estimates and consensus. Relative to our model, the revenue upside was driven by modestly higher memory IC sales.
Read MorePeraso (PRSO) reports Q1 ’23 results after the close next Monday, May 15, and will host its earnings call before the market opens on Tuesday, May 16. As management’s Q1 revenue guidance was issued just over a week before the quarter ended, we expect the print to hold few surprises and to be largely consistent with our estimates.
Read MorePeraso (PRSO) reported solid Q4 ’22 results. Consistent with the company’s mid-February preannouncement, revenue was in line with management’s guidance and Street expectations.
Read MoreEarlier this morning, Peraso (PRSO) pre-announced Q4 ’22 revenue of $3.9 million, in line with management’s guidance for $3.8-$4.1 million and our estimate of $3.9 million.
Read MoreBefore the open yesterday, Peraso (PRSO) announced that the company has agreed to sell 2.45 million shares of its common stock to an institutional investor at a price of $1.00 per share, a 26% discount to PRSO’s last close price prior to disclosure of the planned offering.
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